Answer: The correct answer is D.
Explanation: We must record the passage of direct materials to the goods in process account and record the passage of indirect materials as factory overheads, therefore we debit "Goods in process" for 60000, and "factory overhead" for 17000 And we cancel the inventory account of these materials by crediting "raw materials".
<u>The registration would be:</u>
Goods in process 60000
Factory overhead 17000
Raw Materials 77000
Answer:
The correct answer is letter "D": negatively; rises; falls.
Explanation:
A bond coupon rate is the amount of interest incoming earns each year based on its face value. A bond yield to maturity is the total estimated return if the bond is held until maturity. When the bond is first issued, the bond coupon and the yield to maturity are the same. Later on, due to interest rates, the coupon rate could increase or decrease causing the face value of the bond to move in the same direction. However, the yield to maturity will move in equal but different direction.
Answer:
a. standard of living.
Explanation:
<u>Per capita Gross Domestic Product (GDP) represents an economic scale that quantifies the economic output of a country in relation to the total population of that country.</u>
Mathematically, per capita GDP is derived by dividing the total GDP of a country by the population of that country. It gives an indication of how productive each individual of a country is and hence, a good measure of their standards of living.
<em>The correct option is therefore, </em><em>a</em><em>.</em>
Answer:
$10,000
Explanation
Calculation for Waltham Distribution should records losses that result from applying the lower-of-cost-or-market rule. At December 31, 2012, the loss that Ryan should recognize (Under US GAAP) is
Using this formula
lower-of-cost-or-market rule Loss=Inventory- Current replacement cost
Let plug in the formula
lower-of-cost-or-market rule Loss= $200,000 – $190,000
lower-of-cost-or-market rule Loss= $10,000
Therefore Waltham Distribution should records losses that result from applying the lower-of-cost-or-market rule. At December 31, 2012, the loss that Ryan should recognize (Under US GAAP) is $10,000
$20,000 is correct
When they ask for the amount the bank can "create" they are really asking for the <u>change in the money supply</u><u>.</u> They are required to reserve 20%, so they can loan out 80%
80% * $5,000= $4,000
Now, the bank can use this $4,000 by loaning it out to other customers and earning interest on those loans. The customers can use the money for investments or spending. So the first little deposit of $5,000 has now spread to a lot more people and created a lot more opportunity for growth. This is known as the <u>multiplier effect.</u> To put the multiplier effect in dollar amounts, we need to know how much we are multiplying by. This is called the <u>deposit multiplyer</u> and the formula is 1/(required reserve ratio). The reserve ratio here is 20% or .2
1/(.2)= 5
Our deposit multiplier which will calculate the multiplier effect on the money supply (aka the amount the bank can "create") is 5
5* $4,000= $20,000